The Local Mogul Blog.

Most first-time owners treat outside strategic help as something to buy after a problem shows up. The data on how many new businesses survive their first year says that's exactly backwards. What Actually Happens in Year One Nearly one in four new businesses — 23.2% of those that opened on or after March 2022 — closed within their first year, according to a LendingTree analysis of Bureau of Labor Statistics data cited in public radio reporting on small business survival rates.

Not every good idea is a good business right now. Here's where we see real demand lining up with real opportunity heading into 2027. Aging-in-Place and Eldercare Services The population getting older isn't a trend — it's a demographic certainty, and the services that help people age at home instead of in a facility are nowhere near saturated. Non-medical home care, home modification and accessibility work, and companion services are seeing demand grow faster than the supply o

Do you think Gucci or Louis Vuitton actually lose sleep over knockoffs? Their customers can tell the difference, and that's the whole point — the brand is strong enough to not need to chase every fake. Most small businesses are spending trademark money solving a problem they don't have yet. Brand Strength Does Work That Paperwork Can't A trademark protects a name on paper. It doesn't make customers trust you, recognize you, or choose you over a cheaper copy. That recognition

Running a small business is incredibly rewarding, but it’s also filled with challenges and tough decisions. Many small business owners in Pierce County and beyond find themselves at a crossroads where they need expert advice and practical solutions to keep their ventures growing and thriving. This is where a small business consultant comes in.

Let’s plunge into a pool of reflections and actionable projections

Approximately 32% of small businesses fail in the first two years, about 51% fail within five years, about 66% fail within 10 years